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Bangladesh's inflation rate drops to 10.89% in Dec from Nov's 11.38%

06 Jan '25
1 min read
Bangladesh's inflation rate drops to 10.89% in Dec from Nov's 11.38%
Pic: Adobe Stock

Insights

  • Bangladesh's inflation rate fell to 10.89 per cent in December 2024 from 11.38 per cent in November, official statistics show.
  • Non-food inflation edged down to 9.26 per cent in the month compared to 9.39 per cent the previous month.
  • Despite the improvement, inflation remains significantly higher than the government's target of keeping it below 7 per cent.
The inflation rate in Bangladesh fell to 10.89 per cent in December last year from 11.38 per cent in November, according to the Bangladesh Bureau of Statistics (BBS).

Non-food inflation edged down to 9.26 per cent in the month compared to 9.39 per cent the previous month.

The prices of essential commodities, including fresh vegetables, contributed to drop.

Despite the improvement, inflation remains significantly higher than the government’s target of keeping it below 7 per cent, domestic media outlets reported.

The annual average inflation rose to 10.22 per cent in November from 10.05 per cent a month ago, the Bangladesh Bank said.

ALCHEMPro News Desk (DS)

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